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Which of the Following Is NOT a Use of the Error

Question 25

Multiple Choice

Which of the following is NOT a use of the error estimate?


A) To monitor erratic demand observations or outliers
B) To determine when the forecasting method is no longer tracking actual demand and needs to be revised
C) To set safety stocks or safety capacity
D) To determine parameter values that provide the most accurate forecasts
E) All the above are uses of the error estimate

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